Avino Silver & Gold Mines Acquires Minority Stake in Silver Wolf Exploration
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Avino Silver & Gold Mines Ltd. acquired a minority stake in Silver Wolf Exploration Ltd. after Silver Wolf completed its acquisition of properties in Mexico. Silver Wolf issued 2 million shares to Avino, valued at C$400,000, adding to a previous issuance of 3,181,718 shares worth C$600,000. Avino now holds 17.55% of Silver Wolf's shares and 2,916,677 warrants. The transaction was part of an option agreement, with Silver Wolf investing over C$750,000 in exploration.
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